Archive for August, 2008

S&P -1.2%, Financials again

Tuesday, August 12th, 2008

But, Togo got a medal today!!!!

Opened:
FCX (3×2)

Month to Date:
My ports: 3.25%
Brokerage: -0.91%
BBE Overall: 1.87%
S&P 1.99%
% of Trading Targets reached: 61.99%
I’m screwed ratio: 7.1 to 6.5
Long to Cash %s: 52.74% to 47.26%

S&P +0.69% Oil down again.

Monday, August 11th, 2008

Or it could be the spectacular men’s 4×100 relay last night. I’ll be watching the Olympics for the next two weeks.

Opened:
2 GTrades picks

Closed:
SINA, +6.68%, held 3 days (GTrades, short)
MATK +3.37%, held 9 days (GTrades)

Month to Date:
My ports: 3.76%
Brokerage: -0.11%
BBE Overall: 2.48%
S&P 3.06%
% of Trading Targets reached: 82.59%
I’m screwed ratio: 5.5 to 7.1
Long to Cash %s: 46.08% to 53.92%

S&P +2.38%, Oil drops again

Friday, August 8th, 2008

OK, this week does give me faith that perhaps we are going to really be out of bear market territory.

No buys or sells today.

Month to Date:
My ports: 2.71%
Brokerage: -0.42%
BBE Overall: 1.68%
S&P 2.00%
% of Trading Targets reached: 55.61%
I’m screwed ratio: 7.2 to 6.6
Long to Cash %s: 36.36% to 63.64%

S&P -1.79%, Well we did have two up days in a row…

Thursday, August 7th, 2008

Can’t have that, ya know! Can’t really give you the specifics on todays action, was doing a bunch of other stuff, too. Port held up very well today.

Opened:
GTrades pick, short.

Closed:
APOL, +1.81%, in/out (3×2)
DECK, +4.76%, held 4 days. (Short – a 12% move after hours/earnings resulted in the position closing out. Sweet. GTrades.)

Month to Date:
My ports: 2.05%
Brokerage: -1.42%
BBE Overall: 0.90%
S&P 0.14%
% of Trading Targets reached: 31.15%
I’m screwed ratio: 18.6 to 5.7
Long to Cash %s: 35.99% to 64.01%

S&P +0.33%, Holy crap, two up days in a row!

Wednesday, August 6th, 2008

Seriously, I am just that shocked. Really, truly amazed. And can’t help but think that we’re going to give it all back the rest of the week.

Opened:
Added to GTrades pick

Closed:
FMX, +5.37%, held 6 days (GTrades)
PRXL +3.93%, held 4 days (GTrades)

Month to Date:
My ports: 1.14%
Brokerage: -0.17%
BBE Overall: 0.70%
S&P 1.66%
% of Trading Targets reached: 24.32%
I’m screwed ratio: 10.5 to 6.1
Long to Cash %s: 32.65% to 67.35%

S&P +2.87% Fed leaves things unchanged

Tuesday, August 5th, 2008

A pretty good day. Have to say that the pre-Fed rally was a bit of a surprise. We’re once again out of bear market territory, but I have to wonder how long it will last.

Closed:
RYAAY +12.4%, held overnight (3×2) <– Couldn’t they all be that great?
AMZN, +2.8% in/out (3×2)

Month to Date:
My ports: 0.14%
Brokerage: -0.68%
BBE Overall: -0.13%
S&P 1.21%
% of Trading Targets reached: -4.73%
I’m screwed ratio: 40.3 to 5.5
Long to Cash %s: 48.70% to 51.30%

S&P -0.89% – Oil breaks through $121 and we STILL can’t get an up day????

Monday, August 4th, 2008

Seriously – Whiskey. Tango. Foxtrot.

Opened:
1 GTrades pick (short)
RYAAY (3×2)

Month to Date:
My ports: -1.09%
Brokerage: -2.35%
BBE Overall: -1.51%
S&P -1.43%
% of Trading Targets reached: -54.16%
I’m screwed ratio: 48.6 to 5.3
Long to Cash %s: 55.27% to 44.73%

S&P -.52%…It was 3 days ago, I don’t remember the details

Sunday, August 3rd, 2008

What can I say, it’s been a good weekend. :)

Opened: 2 GTrades picks

Closed: FPL (-8.37%, stopped out, GTrades)

Month to Date:
My ports: -0.65%
Brokerage: -0.89%
BBE Overall: -0.73%
S&P -0.58%
% of Trading Targets reached: -26.38%
I’m screwed ratio: 48.6 to 5.3
Long to Cash %s: 50.56% to 49.44%